Analysts
What the analysts say
Should you buy, sell, or hold on to PostNL shares? Here we present the recommendations of financial analysts.
Broker | Analyst | Recommendation | Target | Date |
ABN AMRO ODDO
| Lotte Timmermans
| Outperform
| EUR 4.30
| 11 Feb 2021
|
Bank of America
| Najet El Kassir
| Buy
| EUR 4.20
| 29 Jan 2021
|
Barclays Capital | Marco Limite
| OW
| EUR 4.30
| 3 Mar 2021 |
Berenberg | Conor Dwyer
| Hold
| EUR 3.60
| 8 Mar 2021
|
De Groof Petercam | Frank Claassen
| Buy
| EUR 4.00
| 22 Jan 2021
|
ING | Marc Zwartsenburg
| Buy
| EUR 4.35
| 22 Jan 2021
|
Jefferies | David Kerstens
| Buy
| EUR 4.50
| 5 Feb 2021
|
KBC Securities NV | Thomas Couvreur
| Buy | EUR 3.90
| 1 Mar 2021
|
KeplerCheuvreux | André Mulder
| Hold | EUR 2.85
| 4 Nov 2020
|
UBS | Ivar Billfalk-Kelly
| Buy
| EUR 3.60
| 4 Feb 2021
|
the IDEA! | Henk Slotboom
| -
| -
| -
|
Adjusted on 8 March 2021/16:47
Disclaimer: PostNL is covered by analysts of the brokerage firms listed above. The list may not be complete and is subject to change. Any opinions, estimates or forecasts regarding PostNL's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of PostNL or our management. By publishing the information above, PostNL does not imply, and expressly disclaims, any endorsement of or concurrence with any information, estimates, forecasts, opinions, conclusions or recommendations provided by these analysts. PostNL does not assess, comment on or correct analysts' reports, other than factually. PostNL does not pay any fees for carrying out research for analysts' reports or for the production or publication of analysts' reports, with the exception of credit rating agencies.
Consensus
| CONSENSUS PRE Q4 2020 | 4Q20 E | FY20 E | FY21 E |
| February 2021 | consensus | consensus | consensus |
| Revenue | |||
| Parcels | 602 | 2.022 | 2.107 |
| Mail in the Netherlands | 545 | 1.712 | 1.643 |
| PostNL Other | 25 | 102 | 100 |
| Intercompany | -156 | -587 | -587 |
| Revenue total | 1.019 | 3.253 | 3.234 |
| Normalised EBIT | |||
| Parcels | 75 | 209 | 210 |
| Mail in the Netherlands | 82 | 96 | 84 |
| PostNL Other | -22 | -65 | -84 |
| Total normalised EBIT | 135 | 240 | 208 |
| Adjusted free cash flow | 137 | 241 | 190 |
| Free cash flow | 82 | 185 | 174 |
| Volume growth Parcels | 29.6% | 19,2% | 6,0% |
| Volume decline addressed mail NL | 0.2% | 9.6% | 8.9% |
| based on estimates of 12 analysts |